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dexhunter avatar dexhunter commented on September 25, 2024 2

reversed actually means the reverse of price because in poloniex for btc/usdt paris it's calculated in usdt, but we want to calculate in btc.

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dexhunter avatar dexhunter commented on September 25, 2024 1

All the price is calculated in BTC, that's why BTC is always 1. USDT refers to Tether which is also a cryprtocurrency, so it's taken as an asset rather than cash(BTC). It's supposedly to provide some information about btc, but I don't think we treat it much differently than other cryptocurrencies under current framework.

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dexhunter avatar dexhunter commented on September 25, 2024 1

I am not sure if I understand your question correctly. But I don't think you can convert to USD in current framework directly. So the value is always in BTC (bitcoin).

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kumkee avatar kumkee commented on September 25, 2024 1

if the weight is 0.8 reversed_USDT in the new omega, after buying and selling should i end up with 0.8 the value in USD or in bitcoins ?

It will be USDT measured in BTC.

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AhmMontasser avatar AhmMontasser commented on September 25, 2024

great, it's reversed in trading actions, right ?
so i sell BTC/USDT when i need to increase reversed_USDT weight and vice versa ?

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AhmMontasser avatar AhmMontasser commented on September 25, 2024

i understand this
what i meant is, what is the end element for this coin after increasing the weight, is it BTC or USD ?

if the weight is 0.8 reversed_USDT in the new omega, after buying and selling should i end up with 0.8 the value in USD or in bitcoins ?

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AhmMontasser avatar AhmMontasser commented on September 25, 2024

thanks a lot

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